Atour celebrates ‘Year of the Pillow’ with fluffy revenue growth
The hotel operator expects to report 35% revenue growth for all of 2025, up from a 25% forecast at the start of the year, thanks to strong performance for its…
BRIEF: Baozun’s operating profit narrows as e-commerce unit returns to the black
E-commerce software provider Baozun Inc. (BZUN.US; 9991.HK) on Tuesday reported its revenue rose in the third quarter, as its core e-commerce services returned to profitability and losses narrowed for its…
Will Top Toy knock Pop Mart off its throne?
China’s third largest pop toy seller, a spinoff of Japanese-style retailer Miniso, has filed for a Hong Kong IPO just five years after its founding Key Takeaways: Miniso spinoff Top…
JD.com flees China’s brutal retail wars for Europe, as Beijing fails to tame price-cutting at home
JD.com has purchased brick-and-mortar retail chains in Germany and Hong Kong. Why is the company taking this route instead of sticking to e-commerce? And car trader Autohome has reported a fourth consecutive quarter of revenue contraction, as its ad revenue plunged. When will price wars hobbling China's oversaturated car market finally end?
Helmed by new chairman, Best Mart 360 navigates changing Hong Kong landscape
With a personal scandal involving its CEO behind it, the Hong Kong snack chain is trying to hone its hometown advantage as local consumers flock across the border to shop…
BRIEF: Dmall raises $50 million in share placement at 10% discount
Retail digital services provider Dmall Inc. (2586.HK) said on Wednesday it placed 35.4 million shares at a price of HK$11.10 per share, equal to about 3.93% of its currently issued…
BRIEF: Zhou Liu Fu launches $143 million Hong Kong IPO
Jeweler Zhou Liu Fu Jewellery Co. Ltd. (6168.HK) launched its Hong Kong IPO on Wednesday, aiming to raise about HK$1.12 billion ($143 million) by selling 46.8 million shares for HK$24…